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Reps launch probe into N12trn development finance funds

The House of Representatives is set to investigate ₦12 trillion injected into Nigeria’s Development Finance Institutions (DFIs) in the past seven years The House of Representatives has launched an investigation into the management of over ₦12 trillion injected into Nigeria’s Development Finance Institutions (DFIs) in the past seven years. The House inaugurated an ad-hoc committee on Wednesday to probe the operations, funding, and performance of the DFIs amid growing concerns about their accountability and impact...

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